Mortgage Calculator — Maryland
Mortgage Calculator for Maryland
Pre-filled with Maryland median home prices and property tax rates. Adjust the numbers to match your situation.
Median Home Price
$400,000
Avg. Interest Rate
7.1%
Property Tax Rate
1.09%
20% Down Payment
$80,000
$
%
$
%
Optional
%
$
Monthly Payment
--
principal, interest, taxes & insurance
Principal & Interest--
Property Tax--
Home Insurance--
Down Payment--
Loan Amount--
Total Interest Paid
--
Total Cost of Loan
--
Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
Mortgage rates and home prices in Maryland
The median home price in Maryland is currently $400,000. With a 20% down payment and a 30-year fixed mortgage at 7.1%, your estimated monthly payment would be around the figure shown above. Property taxes in Maryland average 1.09% annually, which is factored into the calculation above.